ADNOC’s Acquisition Spree Continues with Fertiglobe ...Middle East

Abu Dhabi's national oil company ADNOC has stepped up its acquisition spree, acquiring Dutch-Egyptian chemical giant OCI Global's majority stake in fertilizer producer Fertiglobe for $3.62 billion. ADNOC's equity stake in Fertiglobe is set to increase to 86.2%, with the deal maintaining a 13.8% free float on the Abu Dhabi Securities Exchange. The acquisition aligns with ADNOC's global expansion plans in petrochemicals, reinforcing its commitment to Fertiglobe's growth. Simultaneously, ADNOC and OCI have signed an MoU to explore cooperation on future…

Hence then, the article about adnoc s acquisition spree continues with fertiglobe was published today ( Monday 18/12/2023 - 07:10 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( ADNOC’s Acquisition Spree Continues with Fertiglobe )

Also on site :

• Shanghai Electric présente des solutions collaboratives couvrant l'ensemble de la chaîne pour la transition vers une économie zéro carbone lors de l'expo Carbon Neutrality 2026
• Ravelin Defense Launches Unified Brand Identity, Marking the Completion of ArmorWorks and Fox Valley Metal Tech Integration
• Australian LNG Strike Threatens Global Gas Supply as Qatar Recovery Lags